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Import Substitution in Automotive Industry: a Historical Review

Author

Listed:
  • Anton Vladislavovich GALEEV

    (HSE University, Moscow, Russia)

  • Ekaterina Andreevna GALEEVA

    (Russian Foreign Trade Academy, Moscow, Russia)

Abstract

This paper analyzes import substitution policies, their evolution, and implementation in various countries, with a focus on the automotive industry. The research provides a historical overview of the concept of import substitution, tracing its origins, development and adaptation. We provide an overview of successful cases in China, South Korea, and India, as well as the historical and modern experiences of the USSR and Russia in the automotive sector. The paper concludes by outlining the risks associated with implementing import substitution policies. We emphasize the importance of transitioning from protectionist measures to an export-oriented model of import substitution to achieve sustainable economic growth.

Suggested Citation

  • Anton Vladislavovich GALEEV & Ekaterina Andreevna GALEEVA, 2025. "Import Substitution in Automotive Industry: a Historical Review," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 1, pages 92-109, January.
    • Handle: RePEc:alq:rufejo:rfej_2025_01_92-109
    DOI: 10.24412/2072-8042-2025-1-92-109
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